Brazilian PV outcompetes all in auction debut alongside non-renewables

Solar players reap combined 530MW in contracts of 2.9GW awarded to wind, hydro and thermal plants, with average PV prices the lowest at around US$20.5/MWh.

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AfDB approves €138 million package for Tunisian grid

The financing for the Tunisian Electricity and Gas Company (STEG) will go partly towards helping integrate renewables to the grid.

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KORE Power argues for bankability of NMC for US utility market

KORE Lithium Technologies Inc (KORE Power), a US headquartered manufacturer of nickel manganese cobalt (NMC) battery racks for the utility-scale stationary energy storage market, has retained renewable energy investor CohnReznick Capital as its Investment Bank of Record.

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Ciel & Terre’s 1.01MW floating plant completed in Bahia, Brazil

The French firm sees huge potential for more floating PV in Brazil, which boasts substantial hydroelectric infrastructure and generates 64% of its electricity from hydro power.

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Indiana utility eyes 2.6GW of wind-solar-storage for coal retirements

As part of early coal-plant retirements, NIPSCO looks to cheaper renewables.

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BayWa r.e. goes for gold with solar-plus-storage mine project in Mali

European renewables developer Baywa r.e. will deploy a solar-plus-storage project for a goldmine in Mali.

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Off-grid gold, as Baywa r.e. celebrates solar-storage project win in Mali

Updated: Germany-headquartered renewables developer Baywa r.e. will deploy a solar-plus-storage solution for a goldmine in Mali that will include 13.5MWh of battery storage and reduce the mine’s dependence on heavy fuel oil during the daytime.

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UN fund gets behind plan to unlock finance for South African renewables

GCF backs US$537m scheme to lower credit barriers for solar (280MW) and wind (50MW) IPPs in African country, in year when Eskom’s woes have cast doubts over state-offtaker route.

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Guam awards ENGIE 50MWp solar project with 300MWh of storage attached

Engie has been hired by Guam’s state electricity utility to build two solar-plus-storage plants with a combined capacity of 50MWp/300MWh on the Micronesian island.

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Spain’s Enerside to deploy 322MW PV project in northeastern Brazil

US$320 million project is unveiled as Brazil prepares for energy auction on October 18, set to jettison the Latin American state’s PV capacity to new heights.

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Bid of US$0.027/kWh sees Masdar bag 100MW solar contract in Uzbekistan

Win by UAE firm marks one of lowest tariffs seen to date in emerging solar, says World Bank’s IFC as it backs maiden Scaling Solar tender in Central Asian state.

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